Suggests that recovered loot from corrupt Nigerians be invested in the sector

Professor Ayodele Jegede, the Head of Department of Sociology at the University of Ibadan, has advised that stolen money recovered from corrupt former governors and public office holders should be invested in the development of the education sector.

Jegede made this known on Tuesday in Ibadan while thanking the former Ogun State Commissioner for Information, Sina Kawonise, for the N2.1 million office renovation project in the university.

“The latest of such funds are those from James Ibori, running into several billions of dollars. Another is from Erastus Akingbola and many more found culpable of corrupt practices while serving in public institutions,” he said.

“The recovered funds should be invested in education, to build young Nigerians who can make the dream of the founding fathers come to reality. It should not be sent back to state government or be kept in the Federal Government vault because it may soon disappear.

“I am saying that funds recovered from fraudulent practices should be dedicated to a project.

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